Japan Post discloses 51,636,945 AFLAC shares
Japan Post Holdings Co., Ltd. filed a Form 3 as a ten percent owner of AFLAC Inc., reporting indirect beneficial ownership of 51,636,945 shares of AFLAC common stock.
Rhea-AI Filing Summary
Japan Post Holdings Co., Ltd. filed a Form 3 as a ten percent owner of AFLAC Inc., reporting indirect beneficial ownership of 51,636,945 shares of AFLAC common stock. The shares are held by J&A Alliance Holdings Corporation as trustee of the J&A Alliance Trust, and several related entities may be deemed beneficial owners, each disclaiming ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Japan Post Holdings Co., Ltd.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,636,945 shares (Indirect, See footnote)
Footnotes (1)
- F1. The reported securities are held directly by J&A Alliance Holdings Corporation ("J&A Holdings"), in its capacity as the trustee of the J&A Alliance Trust (the "Trust"). General Incorporated Association J&A Alliance ("General Incorporated"), Kenji Sano and Tetsuya Numaguchi each may be deemed to beneficially own the securities held by J&A Holdings (in its capacity as trustee of the Trust) because (i) General Incorporated owns J&A Holdings and (ii) Kenji Sano and Tetsuya Numaguchi each own 50% of the equity interests in General Incorporated. Japan Post Holdings Co., Ltd. ("Japan Post") may be deemed to beneficially own the shares of common stock owned directly by J&A Holdings, in its capacity as the trustee of the Trust, due to its role as the sole settlor and beneficiary of the Trust. Each of General Incorporated, Kenji Sano, Tetsuya Numaguchi and Japan Post expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
Key Figures
Indirectly owned AFLAC shares: 51,636,945 shares
Form type: Form 3
Holding entries: 1 entry
3 metrics
Indirectly owned AFLAC shares
51,636,945 shares
Common stock held through J&A Alliance Trust structure
Form type
Form 3
Initial statement of beneficial ownership for ten percent owner
Holding entries
1 entry
Single common stock holding reported with no transactions
Key Terms
beneficially own, pecuniary interest, trustee, ten percent owner
4 terms
beneficially own financial
"each may be deemed to beneficially own the securities held by J&A Holdings"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest therein"
trustee financial
"held directly by J&A Alliance Holdings Corporation ("J&A Holdings"), in its capacity as the trustee of the J&A Alliance Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
ten percent owner regulatory
"Japan Post Holdings Co., Ltd. is indicated as a ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Japan Post Holdings report in its AFL (AFLAC) Form 3 filing?
Japan Post Holdings reports indirect beneficial ownership of 51,636,945 AFLAC common shares. The shares are held by J&A Alliance Holdings Corporation as trustee of the J&A Alliance Trust, with several related parties potentially deemed beneficial owners subject to pecuniary interest.
Is there any buy or sell transaction in this AFL Form 3 filing?
No buy or sell transaction is reported; the entry reflects a holding. The Form 3 shows 51,636,945 AFLAC common shares indirectly owned after the reported position, with no transaction code indicating a purchase, sale, or derivative exercise event.
Why is Japan Post Holdings considered a ten percent owner of AFLAC?
Japan Post Holdings is identified as a ten percent owner because of its beneficial interest in AFLAC shares held via the J&A Alliance Trust. The Form 3 indicates it may be deemed to beneficially own those shares as sole settlor and beneficiary of the trust arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
